Hong Kong Property Market Monitor – November 2022
Primary home sales volume drops as confidence weakens
November 18, 2022
Due to worsening economy and the lack of relaxation of restrictive measures, primary transaction volume and mass residential capital values dropped further in October. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.
- Office: Positive net absorption mainly driven by new supply.
- Retail: Market sentiment mildly picked up in September.
- Industrial: Investment sentiment slightly lifted on the back of self-storage operators demand.